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Given an annual nominal interest rate of 8.31%, calculate the effective annual interest rate given monthly compounding. Express your answer in percentage form and round
Given an annual nominal interest rate of 8.31%, calculate the effective annual interest rate given monthly compounding. Express your answer in percentage form and round to the nearest two decimal places
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The Development Of The American Public Accounting Profession
Authors: T.A. Lee
1st Edition
0415403944, 9780415403948
